If you are like most homeowners, you want the value of your house to be as high as possible. Below are the top 4 things to do to boost your home’s value. A high property value for a home translates to being able to sell your home for a higher price. Even if you are not planning on selling your home any time soon, you can also reap other benefits such as knowing when to refinance, having equity for a loan and simply having the information at your fingertips when you are ready to make a move. Although there are some factors you cannot change, there are many ways you can easily improve the value of your home. Here are a few of the best.
Top 4 things to do To Boost Your Home’s Value
Improve Your Curb Appeal to Boost Your Home’s Value
Looking at your house the same way every day can cause you to overlook some glaring flaws. Force yourself to look at the exterior of your house objectively. A great trick is to take a walk across the street and look at your house from an angle you do not normally see it at. Looking at your house from straight-on will also help you see how visitors see the house when they arrive. Take note of every imperfection you see as you look at your house. Then, make a concerted effort to make the necessary improvements. Do not forget to consider basic cosmetic issues such as painting the gutters, removing the debris from the yard and refreshing the garden. You can even consider something like painting the front door a vibrant color. That seemingly small change will visually lead a visitor’s eyes to the front door and create a warm and inviting look. Another great idea is to take a black and white picture of your house. When all the color is removed, the flaws will jump out at you.
Make Your Home Low-Maintenance and Efficient
In today’s fast-paced world, we all want to make our homes as easy to maintain and stress-free as possible. Making improvements to your home that make it low-maintenance and efficient will not only make your life easier, but it will also increase the value of your home. Upgrading major components like your furnace, water heater and roof will decrease the likelihood that they will malfunction and need a major repair. Also consider making repairs or upgrades that make parts of your house easy to clean or maintain. For instance, swap out old and stained carpet and replace it with a newer stain-resistant variety or hardwood floors.
Making changes that make your home more energy-efficient will save you money and increase the value of your home. Focus on areas that experience extreme heat or cold. Adding insulation to your attic, installing double-paned windows, adding LED lighting and switching to energy-efficient appliances are all easy ways to save energy and boost your home’s value at the same time.
Increase Your Square Footage or Improve Room Usage
Square footage and home value often go hand-in-hand. Price-per-square-inch is a popular way of determining actual and resale value of a home. So, the more you have, the more your home is worth. If you can increase the size of your home, doing so can pay off greatly over time.
If you do not have the space or money to add on to your home, optimizing the space you do have can also help you increase your home’s value. Rethink your floor plan and make it more convenient if possible. If you can, take out a wall to open up space. You can also finish your basement, add a deck or create flex rooms that serve multiple functions. Another great idea is to repurpose unused space, like turning an empty bedroom into an office or rec room.
Spiff Up Essential Rooms in the Home
You do not have to go through an entire overhaul to improve your home. But, improving one or two of the essential rooms in your home can beautify your living space and increase the value of your home. Focus on the bathroom and kitchen to get the biggest bang for your buck. It is no secret that the kitchen is the most popular room in the house. So, treat it kindly. If your kitchen’s decor is dated, give it a facelift. A fresh coat of paint, new cabinets and updated appliances can do wonders for the area. If you cannot get new cabinets, consider painting the ones you already have in the house. This small change can work wonders. To improve your bathrooms, replacing the fixtures and adding a fresh coat of paint are the easiest and fastest ways to add value to your home.
Making a few changes can greatly boost your home’s value. If your goal is to make a great return when you sell your home, BenBuysIndyHouses.com can help you out. We help homeowners sell their home fast. Contact us today to see how we can help you.